Monthly Archives: May 2021

Income Tax Rates Chart AY 2022-23 & AY 2021-22

By | May 8, 2021

Tax Rates 1.1. In case of an Individual (resident or non-resident) or HUF or Association of Person or Body of Individual or any other artificial juridical person Individuals (Other than senior and super senior citizen) Net Income Range Rate of Income-tax Assessment Year 2022-23 Assessment Year 2021-22 Up to Rs. 2,50,000 – – Rs. 2,50,000… Read More »

Section 269ST Cash Payment Relaxation I Notification No. 56/2021 Income Tax

By | May 8, 2021

Cash Payment Relaxation MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 7th May, 2021 (INCOME-TAX) S.O. 1803(E).—The Central Government, in exercise of powers conferred by clause (iii) of Proviso to Section 269ST of the Income-tax Act, 1961, hereby specifies Hospitals, Dispensaries, Nursing Homes, Covid Care Centres or similar… Read More »

TDS Rates Chart AY 2022-23

By | May 7, 2021

Rates for tax deduction at source* [For Assessment year 2022-23] Particulars TDS Rates (in %) 1. In the case of a person other than a company 1.1 where the person is resident in India- Section 192: Payment of salary Normal Slab Rate Section 192A: Payment of accumulated balance of provident fund which is taxable in the hands… Read More »

GST Ready Reckoner 2021 I Taxmann 16th Edition

By | May 7, 2021

Taxmann’s GST Ready Reckoner – The ready referencer for all provisions of the GST Law covering all-important topics along-with relevant Case Laws, Notifications, Circulars, etc by V.S Datey Click here to buy online Author : V.S. Datey Edition : 16th Edition ISBN No : 9789390831340 Date of Publication : April 2021 Weight (Kgs) : 1.375 No. of papers : 1208 axmann’s Ultimate… Read More »

Category: GST

Notification No. 14/2021 – Central Tax : GST Compliance Date Extension

By | May 7, 2021

GST Compliance Date Extension [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 14/2021 – Central Tax New Delhi, the 1st May, 2021 G.S.R…..(E).– In exercise of the powers conferred by… Read More »

Income tax (15th Amendment), Rules, 2021 : Exemption to Cash allowance in lieu of LTC

By | May 6, 2021

Income Tax Relief for LTC Cash Voucher Scheme I Leave Travel Concession I MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 5th May, 2021 (INCOME-TAX)G.S.R. 320(E).—In exercise of the powers conferred by clause (5) of section 10 read with section 295 of the Income-tax Act, 1961 (43 of… Read More »

New GST Relief for Taxpayers I Interest & Late Fees राहत I Regular & Composition I CA Satbir Singh

By | May 5, 2021

New GST Relief for Taxpayers I Interest & Late Fees राहत I Regular & Composition I CA Satbir Singh Government has granted waiver from payment of interest and/or late fee to normal (Monthly / Quarterly) & composition taxpayers for the tax periods of March and April, 2021, through Central Tax Notification Nos. 08/2021 and 09/2021, both dated 1st… Read More »

Category: GST